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71 Mercer St

Paterson City, NJ 07524
  • $649,900
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 3907497
$649,900
  • 9
    BEDS
  • 0.06
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

This income generating Three-Family property is located at the heart of the riverside section of Paterson. Situated perfectly near stores, houses of worship, parks, and restaurants giving tenants easy access to their home needs. Each floor boasts 3 bedrooms and 1 bath and all units are similar in layout. All three units are already fully occupied and rent rolling. Each unit has separate electric and gas utilities. Water heaters have been replaced for new ones along with two of the boilers. Basement is a vast space that is waiting for a savvy buyer to invest and finish out, currently being used as storage. Don't miss out on the chance to become a landlord in this market!

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-07-11T23:47:06.42.
www.baerhomes.com/homes/151618412
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71 Mercer St Paterson City, NJ 07524

  • Price: $649,900
  • Status: Active
  • On Site: 28 Days
  • MLS #: 3907497
9
Beds
3
Baths
0
½ Baths
0.06
Acres
1900
Built
County:
Passaic
Area:
Paterson City
Property Description
This income generating Three-Family property is located at the heart of the riverside section of Paterson. Situated perfectly near stores, houses of worship, parks, and restaurants giving tenants easy access to their home needs. Each floor boasts 3 bedrooms and 1 bath and all units are similar in layout. All three units are already fully occupied and rent rolling. Each unit has separate electric and gas utilities. Water heaters have been replaced for new ones along with two of the boilers. Basement is a vast space that is waiting for a savvy buyer to invest and finish out, currently being used as storage. Don't miss out on the chance to become a landlord in this market!
Exterior Features

Approximate Lot Size 25X99 Exterior Description Vinyl Siding Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinished Cooling None Heating Radiators - Hot Water Total Number Of Rooms 12 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchen Unit1 Rooms 4 Unit1 Security Deposit 1700 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchen Unit2 Rooms 4 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsKitchen Unit3 Rooms 4 Unit3 Sq Ft 0

Property Features

Assessment Total 284400 Building Assessment 265300 Easement Unknown Exclusions Tenant owned items. Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Home Warranty No Land Assessment 19100 Net Operating Income 0 Sewer Public Sewer Tax Amount 13944 Tax Rate Amount 4.903 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1700 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1650 Unit2 Security Deposit 1650 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1310 Unit3 Security Deposit 1310 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-860-7595.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-07-11T23:47:06.42.
 
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Corcoran Baer & McIntosh
97 South Broadway
South Nyack NY, 10960